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Towards good corporate governance: an analysis of corporate governance reforms in Uganda

The recent onslaught of corporate scandals has compelled the world to acknowledge the profound impact of corporate governance practices on the global economy. Corporate governance has become important for the survival of companies and indeed of national economies in the increasingly global economy....

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Main Author: Tumuheki, Justine
Format: Thesis
Language:English
Published: Department of Commercial Law 2014
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access_status_str Open Access
author Tumuheki, Justine
author_browse Tumuheki, Justine
author_facet Tumuheki, Justine
author_sort Tumuheki, Justine
collection Thesis
description The recent onslaught of corporate scandals has compelled the world to acknowledge the profound impact of corporate governance practices on the global economy. Corporate governance has become important for the survival of companies and indeed of national economies in the increasingly global economy. Corporate governance is of particular concern in developing economies, where the infusion of international investor capital and foreign aid is essential to economic stability and growth. For transition economies, such as Uganda's, which are faced with the challenge of restructuring for greater efficiency and creating a foreign investment-friendly environment, good corporate governance is crucial for success. This research highlights corporate governance initiatives in Uganda, focusing on the proposed corporate governance reforms. An analysis of the major corporate governance reforms is done including; statutory reforms, development of codes of conduct and best practice and institutional reforms. The evolution of Uganda's corporate structure and the forces driving corporate governance reform is examined. It is noted that corporations in Uganda cannot shield themselves from the global movement that is shaping standard principles governing corporations. Therefore the global principles of corporate governance are examined concerning how they can serve as models for enhancing corporate governance standards in Uganda. The analysis is based on the need to bring Uganda's corporate governance reforms in line with internationally accepted standards but considering the best interests of Uganda and its citizens.
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institution University of Cape Town (South Africa)
language English
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license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2014
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publisher Department of Commercial Law
publisherStr Department of Commercial Law
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spelling oai:open.uct.ac.za:11427/4570 Towards good corporate governance: an analysis of corporate governance reforms in Uganda Tumuheki, Justine The recent onslaught of corporate scandals has compelled the world to acknowledge the profound impact of corporate governance practices on the global economy. Corporate governance has become important for the survival of companies and indeed of national economies in the increasingly global economy. Corporate governance is of particular concern in developing economies, where the infusion of international investor capital and foreign aid is essential to economic stability and growth. For transition economies, such as Uganda's, which are faced with the challenge of restructuring for greater efficiency and creating a foreign investment-friendly environment, good corporate governance is crucial for success. This research highlights corporate governance initiatives in Uganda, focusing on the proposed corporate governance reforms. An analysis of the major corporate governance reforms is done including; statutory reforms, development of codes of conduct and best practice and institutional reforms. The evolution of Uganda's corporate structure and the forces driving corporate governance reform is examined. It is noted that corporations in Uganda cannot shield themselves from the global movement that is shaping standard principles governing corporations. Therefore the global principles of corporate governance are examined concerning how they can serve as models for enhancing corporate governance standards in Uganda. The analysis is based on the need to bring Uganda's corporate governance reforms in line with internationally accepted standards but considering the best interests of Uganda and its citizens. 2014-07-30T18:10:32Z 2014-07-30T18:10:32Z 2014-07-30 Master Thesis Masters LLM http://hdl.handle.net/11427/4570 en application/pdf Department of Commercial Law Faculty of Law University of Cape Town
spellingShingle Tumuheki, Justine
Towards good corporate governance: an analysis of corporate governance reforms in Uganda
thesis_degree_str Master's
title Towards good corporate governance: an analysis of corporate governance reforms in Uganda
title_full Towards good corporate governance: an analysis of corporate governance reforms in Uganda
title_fullStr Towards good corporate governance: an analysis of corporate governance reforms in Uganda
title_full_unstemmed Towards good corporate governance: an analysis of corporate governance reforms in Uganda
title_short Towards good corporate governance: an analysis of corporate governance reforms in Uganda
title_sort towards good corporate governance an analysis of corporate governance reforms in uganda
url http://hdl.handle.net/11427/4570
work_keys_str_mv AT tumuhekijustine towardsgoodcorporategovernanceananalysisofcorporategovernancereformsinuganda